STATE OF FLORIDA ane DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION FLORIDA REAL ESTATE COMMISSION man FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, a dy, 04 {( p (_ vs. FDBPR Case N° 2000-83812 2000-84716 DAVID L. RHOTEN II, Respondent. ADMINISTRATIVE COMPLAINT State of Florida, Department of Business and Professional Regulation, Division of Real Estate (hereinafter Petitioner") files this Administrative Complaint against David L. Rhoten II (hereinafter "Respondent”) and alleges: ESSENTIAL ALLEGATIONS OF MATERIAL FACT 1. Petitioner is a state government licensing and regulatory agency charged with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws of the State of Florida, in particular Section 20.165 and Chapters 120, 455 and 475 of the Florida Statutes, and the rules promulgated pursuant thereto. 2. Respondent David L. Rhoten II is and was at all times material hereto a licensed Florida real estate broker, issued license number 0547418 in accordance with Chapter 475 of the Florida Statutes. 3. The last license issued was as a broker at 895 E Palmetto Park Road, Boca Raton, FDBPR vs David L. Rhoten II FDBPR Case N° 200083812 Administrative Complaint Florida 33432. 4. Atall times material herein, David Rhoten (Respondent) was a licensed broker of record with Castles By The Sea (Brokerage). 5. Atall times material herein, the Respondent was the only signatory on the escrow account for the Brokerage. 6. On or about August 31, 2000 the Brokerage facilitated a Sale and Purchase Contract between Advanced Builders Corporation (Seller) and Michael Amston (Buyer) for the property commonly known as 875 Dogwood Drive, Delray, Florida. A copy of the contract is attached hereto and incorporated herein as Administrative Complaint Exhibit 1. 7. The contract listed the Brokerage as the Escrow agent for the transaction. 8. Pursuant to the contract, the Brokerage received an earnest money deposit of $42,800 as escrow holder upon the buyer signing the contract. A copy of the check is attached hereto and incorporated herein as Administrative Complaint Exhibit 2. 9. The contract indicated the closing was set for October 1, 2000. 10, Onor about September 11, 2000, attorney for the Buyer, wrote a letter to the Seller, and copied Jennifer McCrary, an employee of the Respondent, withdrawing the Buyer’s offer and demanding return of the earnest money. A copy of the letter is attached hereto and incorporated herein as Administrative Complaint Exhibit 3. 11. On September 14, 2000, attomey for the Seller wrote a letter to the Buyer, and copied FDBPR vs David L. Rhoten II FDBPR Case N° 200083812 Administrative Complaint the Brokerage, demanding the escrow money. A copy of the letter is attached hereto and incorporated herein as Administrative Complaint Exhibit 4. 12. The Respondent failed to notify the Petitioner of any dispute over the escrow money. COUNT I Based upon the foregoing, Respondent is guilty of failure to provide wnitten notification to the Commission within fifteen business days of the last demand of the procedure instituted to resolve the escrow fund dispute and must institute one of the settlement procedures as set forth in Section 475.25(1)(d)1 of the Florida Statutes, within thirty days after having such doubt, all in violation of Rule 61J2-10.032(1)(a) of the Florida Administrative Code and, therefore, in violation of Section 475.25(1)(e) of the Florida Statutes. COUNT II Based upon the foregoing, Respondent is guilty of failure to provide written notification to the Commission within fifteen business days of the good faith doubt of the procedure instituted to resolve the escrow fund dispute and must institute one of the settlement procedures as set forth in Section 475.25(1)(d)1 of the Florida Statutes, within thirty days after having such doubt, all in violation of Rule 61J2-10.032(1)(b) of the Florida Administrative Code and, therefore, in violation of Section 475.25(1)(e) of the Florida Statutes. FDBPR vs David L. Rhoten II FDBPR Case N° 200083812 Administrative Complaint ESSENTIAL ALLEGATIONS OF MATERIL FACT 13. On or about November 16, 2000, the Petitioner conducted and audit of the Brokerage’s records provided by the Respondent’s then attorney James Miller. 14, The audit revealed the escrow account had a shortage of approximately $1,288,597. A copy of the audit form is attached hereto and incorporated herein as Administrative Complaint Exhibit 5. 15. The audit further revealed that the Brokerage did not maintain the required records. COUNT III Based upon the foregoing, Respondent is guilty of failure to maintain trust funds in the real estate brokerage escrow bank account or some other proper depository until disbursement thereof was properly authorized in violation of Section 475.25(1)(k) of the Florida Statutes. COUNT IV Based upon the foregoing, Respondent is guilty of culpable negligence, or breach of trust in any business transaction in violation of Section 475.25(1)(b) of the Florida Statutes. COUNT V Based upon the foregoing, Respondent is guilty of failure to prepare the required written monthly escrow statement-reconciliations in violation of Rule 61J2-14.012(2) and (3) of the Flonda Administrative Code and is, therefore, in violation of Section 475.25(1)(e) of the Florida Statutes. FDBPR vs David L. Rhoten IT FDBPR Case N° 200083812 Administrative Complaint ESSENTIAL ALLEGATIONS OF MATERIAL FACTS 16. At all times material herein, the Respondent was the broker of record for Castles By The Sea. 17, On or about March 26, 2000, Castles By The Sea facilitated a Residential Sale and Purchase Contract between Stephen and Clare Sims (Buyers) and Jacqueline Bardach (Seller) for the property commonly known as 6017 Old Ocean Boulevard, Ocean Ridge, Florida. A copy of the contract 1s attached hereto and incorporated herein as Administrative Complaint Exhibit 6. 18. Pursuant to the contract, Castles By The Sea received an eamest money deposit of $10,000 as escrow holder upon the Buyers signing the offer. 19. The contract further specified that the Buyers were to deposit with Castles By The Sea an additional $20,000 earnest money within ten days after the effective date of the contract. 20. On or about May 2, 2000, Stephanie McCauley (McCauley), agent for Castles By The Sea, notified the Seller in writing that the Buyers were unable to obtain financing and requested a release of the escrow deposit. A copy of the letter is attached hereto and incorporated herein as Administrative Complaint Exhibit 7. 21. On or about May 8, 2000, William Manikas, attorney for the Seller, sent a letter to McCauley with a possible alternative financing source for the Buyer. A copy of the letter is attached hereto and incorporated herein as Administrative Complaint Exhibit 8. 22. On or about May 18, 2000, Myron Dunay, the new attorney for the Seller, made a FDBPR vs David L. Rhoten IIT FDBPR Case N° 200083812 Administrative Complaint formal demand for the escrow money to McCauley. A copy of the letter is attached hereto and incorporated herein as Administrative Complaint Exhibit 9. 23. On or about July 20, 2000, the attorney for the Seller sent a demand for the escrow money to the Respondent. A copy of the letter is attached hereto and incorporated herein as Administrative Complaint Exhibit 10. 24. The Respondent failed to notify the Petitioner of the dispute regarding the escrow funds. COUNT VI Based upon the foregoing, Respondent is guilty of failure to account or deliver funds in violation of Section 475.25(1)(d)1. of the Florida Statutes. COUNT VII Based upon the foregoing, Respondent is guilty of failure to provide written notification to the Commission within fifteen business days of the last demand of the procedure instituted to resolve the escrow fund dispute and must institute one of the settlement procedures as set forth in Section 475,25(1)(d)1 of the Florida Statutes, within thirty days after having such doubt, all in violation of Rule 61J2-10.032(1)(a) of the Florida Administrative Code and, therefore, in violation of Section 475.25(1)(e) of the Florida Statutes. WHEREFORE, Petitioner respectfully requests the Florida Real Estate Commission, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final FDBPR vs David L. Rhoten II FDBPR Case N° 200083812 Administrative Complaint Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license or registration or permit; suspension of the license, registration or permit for a period not to exceed ten (10) years, imposition of an administrative fine of up to $1,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant or permitee to complete and pass additional real estate education courses; publication; or any combination of the foregoing which may apply. See § 475.25(1), Fla. Stat. (1999) and Fla. Admin. Code R. 6152-24.001. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or permit; suspension of the license, registration, or permit for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or permitee to complete and pass additional real estate education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist order; or any combination of the foregoing which may apply. See § 455.227, Fla. Stat. (1999) and Fla. Admin. Code R. 61J2-24.001. FDBPR vs David L. Rhoten II FDBPR Case N° 200083812 Administrative Complaint SIGNED this 2 Saay «fling , 2001. pages} lL nd \ Department $f Busine: Professional Regulation By: Director, Division of Real Estate ATTORNEY FOR PETITIONER Juana Watkins Florida Bar N° 0192112 Senior Attorney Department of Business and Professional Regulation, Legal Section - Suite N 308 Hurston Bldg. North Tower 400 West Robinson Street Orlando, Florida 32801-1772 (407) 481-5632 (407) 317-7260 FAX JIW/k PCP: CS/HF 5/01 NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under § 120.573, Fla. Stat, is not available for administrative disputes involving this type of agency action. FDBPR vs David L. Rhoten II FDBPR Case N° 200083812 Administrative Complaint PLEASE BE FURTHER ADVISED that pursuant to this Administrative Complaint you may request, within the time proscribed, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57, Fla. Stat.; that you have the right, at your option and expense, to be represented by counsel or other qualified representative in this matter; and that you have the right, at your option and expense, to take testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one (21) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Commission a motion requesting an informal hearing and entry of an appropriate Final Order which may result in the suspension or revocation of your real estate license or registration. Please see the enclosed Explanation of Rights and Election of Rights form. : Contract for Sale and Purchase ©” FLORIDA ASSOCIATION OF REALTORS® AND THE FLORIDA BAR anette: Teh. — i san Micheal Aronson 4or i (Prone) _ Sharedy agree tual Seller sha sell and Guyer shall buy ihe iollowing Gescribed real property and oersanel property (codaciwely “Property*} pursuant io tha ferme and condone of tus Cont. Stor Sala and Purchase and any Mders ond adoonda (*Coniract”) 71, DESCRIPTION: 4 (8) Legal desenpaon ot the Agal Proparty located m Palm Peach _ County, F MStL PUACHASE PRICE: . rsh PURCNAS . se we . . sv es oeneee Or fa) Daptct rat n eacow ty (BEANO, ny So Sea (Escrow Agent) in the amount ot... (2) Aaarbonal aacrow deooah to be mace to Excrow Agen within “7 days after Ekocrwe Dats (soe Paragraph ill) in 8 AMOUM Of cenescncee s Oo N90 {c} Subject 20 AND assumetion of eamung mortgage in good standing in favor of 2 hawng an vopromTale preaunt prmcpAl balance of sN\ . RP} {¢) New mangage fnancng wilt a Londec (see Pargrapt IV) la the amount of : pone S Pag 2 (e) Purchase money manpage and rele n Sauer (ame rises bo arma) in ine emount af sos $ =f} Omer: . eee SO — 4 {pg} Batance to ctoae by U.S. cash or LOCALLY CRAWN cashiers OF OMG! DANK CECK(), ROG ILE MAND OF PYORRBONG cote ss Buyer ang. simularenusy wits » 1g 1agayment Buyer shall roluin the personal gropeny, vacate Ihe ‘eri DrODALTy and recorvey (he Progarly to Seller by so@cio! warranty deed and bill of save |t Buyer 'ans to mare in 19) Gemard !9r vatund, Buyer shalt tame Lila a8 !9, warving alt ight aQgIAKt Seige as 10 any Morvening dclect axceot a3 may Ne Available \o Buyor by vive ol warrantves ccotnwed in ihe 1 ot Do of sane, If a Doron Of Ihe LUFCASE Price 5 10 be derived from snsttuttona! fiParveng cr refinancing, raquramenis al Ne ienving mahlution as 10 placa lime OF Nay and Securiues EE closing, and Ige micbursermant ot mongaga pracceds shall Sentral over contiury piiwsion wn ing Contracl Salter shalt Rave ihe righ! 10 foquire froin ine Leviding maliinas 3) ml (a1 Fimmitment that st wil AOL wilbhowd Gubucemant af morgage PrUCIMNT AS a hnsLit HE Any tala Cole AUFOUIECH (0 Buverinnigagor The rsermw ANG crosing mared.na sm uta iy tos Gtonaard shall by weed iLife Ne age IAwUreK Aver HmsMtOIE Mitgai@iN Su Geach 32" TBAT, FS. 96 amMrOARL 105 0. ESCROW: any ascrow agent ("Ayent) fecenng furice oF eyuIvalent rs aUOtIZeKI and ayleus Oy 2cenIaNCO OF "REM lo OemSK! IhEM HoUmUAiy HIN! Suma MSE os BPE, Gul 1 clearance cisburve mem im accordance wilh arms ANd Lonsiians at Ins Coniracl Faure of tunca to clear shail nal axcusa Buyers pyddormanicy, 11m POD! vs 8 AyoHe Sule ae Aavun « sng unger ine Drawsions of thia Coniract, Agent may, ») AQenI® cD CONLNLE 10-NOkd ihm subnet Matter ol th: E8crow uM IM Dares DereIO agrey 10 a OuoUrEaRH BC I) a LahIC $1 eset! oI CompeIEN juridbcron 2nall Gelerming Ihe nights of the Bares, 2 Agent may JaposM SAqw WIN Iho Clare ha Dru! CourT having jrisruchon Ob me Uow'e pan Novi, < ot patie concerned of such action, a AaDIy on The yarl Of AGRat all fay IxtmIn®, exCADE {0 IhY extent ol accuURHN for ay aIhs D'evOUsly GME IED Ol ul manitow Hd Ker, ala Broker Agen! will vm pAy with provsirs of Chawian ATS vs ahenued Any sult Dalween Buyer ard Selket whermin gant :3 mage 9 agrly because of ackny a 4 Le nae Gar. OFA any SUA whatten AZONUnlerplaads Ina SLAC! Mattar of Ne actOw: AGEMY'aIAU recaVEr feasanace altorney 5 les Ind Coss NCNrad aun Rave mais M Be!” 300 Cul Of the axctowed tundd of equaiae! and ChatG#d ANC amaraedl AS COUT CORE tesO! GI ee Buyer ay Salar of ors SubLeCT 10 M4 WSC/Ow. UNINSS SUCH ImiSaetIMry i dad 19 valllul Drewecn of me promelons of te Contract or grass pegu@enna of Acer poR ATTORNEY'S FEES; COSTS: In any iitlgation including b/sacn AAreAMeNt Of Nerpretaton, Rrs¥eg oul of Ins Contract ime proving party MuER wga|nar ec Ut Durese itv Standard, sta steruda Sander, Buye! afd 3ny Dromers acting in agegoy oF NonaganCy rwlatonynune auincnzed by Chapter $75. FS. as umeruea unas Ge ulead wy tacvews | pon. oravaning Dafly feasonabte amorney's foes coKts and expanses =! . a FAILURE OF PERFORMANCE: it Buyor lails 10 paar tus Contract wit ine ime Eoecihed, neavaing payment ot all apasite Ne DpOWIs! pald dy “JuyM ara sopaDN Ss) 8A CN! 4 be D510 may Se recOvOIad and r#lained Dy 4°C fOr Ihe accoUn! cf Seipreragrewd UDO) iGuiaied GaMuyos, Consaeranon for Te Brec~uAN al ines Conte! and in Ws setlinrgrt oF | S cimany waateupor Buve’ ang yallar shal be raliCved O} ull oLiquiines uncer ‘hus Contract, oF Salk, al Setia’s ovvOn. may procaay In equity 19 untorce Salore AANS Al THe el ior any teason ob! than failure of Setar [6 Make Salers ‘lle marmeiaoam afer Cé.camt attor, Sena (eile, nagiacts oF retusws to pectorm ins Contract. Suyat may Seer s#icte DarkintN 9) alec! to ‘oCenm# RA TOU ol Buyers denodil(s) withoul hereby wAMiny any achon ‘or Gamage resulleny toon Seles Oranch va 1 CONTRACT NOT RECORDABLE, PERSONS BOUND. NOTICE! Nainer ima Contact not amy nance ol it ura) Ne recortzeu 9 BMy Dubs “paoIcE 7 Sime Dunoft of He parties and thew 3uOCORBOLA IN irterOs! FnEnavar Ih CONOR! DANE GiNQAas Nall NCIUY Dien aac ONG GaNcor Had NCHS av Noe gwen wy SO-e me AME ty amy Carty shaw i u§ clloclive ga rf giver by ur tu Ihat part fie U. CONVEYANCE: Sense snaa corvay ‘sla to tha ‘aay groper it ony 1a Ralters contained «s Paragraph 5 and those “inert? arcapierd ov Bu a Ma of tile submet ony 19 auth malinrs a3 Tay De olnurense provdad for hares v6 Tonleayt 9a F Bev! and. by slatwory warranty UUSieW's parRona! (eOrRBAN AED 4 9F GuArMANs SoAe A seUEgNaN 1 hE ao! Bei se oa we adit, 1 Persenal peopurty shyll, 91 tna recuay! 0! Guyer, 5 vantarrent by an apaoii'e by . anid in vows in thia Contact, No Meolwalen 9 oF hangs D OE ADEE bio put OF 31a belLagiteeneCA DK oAD LAS MBOC had 22 sD ugee Bug A Slee } m~N Ww prova.ing party The AGEN 9NAK Fol be Wage 19 ahy Barty oF DESL. “OF SOENHT we Coniract 1h ad Ge vald) Or bending UOO Me Dells LIARS WOMANS and GMecsied DY mw vay OF Barina intended 0 bw Goud oF th W WARRANTY: Suter warints nal there ara no Act anown 12 SubeMimalarialy allacing hw yaa of the Provetiy wrucn are nol ‘mmiy abare ore Ly Duvie oF @F cA Fawy Ma i M2 aneclesed '0 Buyer i ws Buyer (. AR BANAT Rin LOM COPY RIGA 18h THE o “ __) J and Seller at Ve __acknowedge receipt of a copy of tus page: Daca GAA AND TRE FLORIDA ASSOCIAL.CN OF REALTORS® ag-1$-no PRI 18:34 FAX 954 772 9493 Michael a. arntsan oor 1006 MICHAEL A AHN B20 POW. MOVALEOR S APT FIOEUTY Cas AesC AVES PT LAUDERDALE, MM. 33306-7069 . DAY a OD Bde BU Ute | 1: 1 Bee on 15302 2056840 O LDOGN 246 248378 20 a 2° %, dowdn Paytrent an dest siete. Corner wear t Jock he On Dag pooack Lb, KoSC —— Jon AL a ES 7 ean fe ee Lgsdes cde ase SOC sL race Boor S95 7 : Ny 9/12/00 TUE 15:22 Fal 954 772 9483 Michael A. arntso: c SEP-11-@@ @9:44 FROM:PATCH REEF TITLE 1D:+S6! 758 9595S PAGE v2 LAW OFFICES OF POSESS & WALSER, PA. $$ SOUTH FEDERAL HIGHWAY, SUITS 370 BOCA BATON, FLORIDA 33432 ($61) 392-2190 Fas ($61) TS0.9593 REAL ESTATE DEPARTMENT “TAX & ESTATE PLANNING DEPARTMENT CHARLES F, POSESS THOMAS C. WaALSER DOUGLAS R NET OISELE E, ASMAR BRENDA COX LOKKL J. KOLBERT KLEIN September 11, 2000 Mir. Michael Mucha Ms, Carolyn Kine 3939 NE 5™ Avenue WG!02 Boca Raton, FL 33431 re: ADVANCE BUILDERS CORP sale to ARNTSON Dear Mr, Mucha and Ms. Kuine: ene Please be advised thar the undersigned represents Mr. Michael Arntson in the above referenced transaction. Please accept this lemer as formal notification of the Buyer’s withdrawal of his offer to purchase the above referenced property. The contract was never accepted by the owners of rooord of the property as of this daze, therefore, the Buyer is withdrawing his offer cfisctive inanediately. The owner of this property is not Advanez Builder's Corp. as shown on the contract but rather Micbael Mucha as to an undivided 2/3 interest and Carolyn Kline as to an undivided 1/3 interest. Since Carolyn Kiine bas never accepted the offer to purchase, and the Buyer made the offer to purchase the entire interest, nor a 23 interest, the Bayer is withdrawing lus offer. By copy of this lemer, we are hereby requesting the escrow agent immediately return all funds so their possession to the Buyer since 4 binding contract has never bezn created. Lhave enclosed a release of deposit form for your immediate eXeocution and ream. Very Truly Yours, Douglas R. New nce: a Dua DRNioms “e a” pp ce: ¥Michacl Armcson_)} 12/04/20dd__13.45 aO73L1¢ Zo rge- 14-0 horas CAR, Tat Tee Dork Ure Gi wise MARK B. GOLDSTEIN, PA. Z7QO N. MILITARY Trai, © SUITE 220 Roca RATON, FL 33431-6394 TELEPHONE: (36!) 999°9955 Facsimike (561) 989-9966 EnMAIL: MEGLAW@SFAYNET COM September 14, 2000 DOUGLAS R. NEU, ESQUIRE or POSESS & WALSER. B.A. 535 SOUTH FEDERAL HIGHWAY, SUTTE 370 BOCA RATON. FLORIDA 33432 Re: Advance Builders Corporarion-Seller Michael Araston-Purchaser Lot 3. Spanish Trail Dogwood Townhomes, PB 87, Page 192. Palm Beach County, Florida-Property Dear Mr. Neu: Please be advised that this office represents Advance Builders Corporanon Incident to the above- referenced matter. lam in receipt of your letter dated September 11, 2000. Please be advised that Advance Builders Corporation, Michael Mucha and Carolyn Kline refute your allegation as 10 the gutficiency and binding ature of the Contract for Sale and Purchase by and between the parties dated August 30, 2000 (hereinafter referred to as te “Contract”) and Mr. Arnston’s legal ability ‘9 withdraw his offer to purchase tbe property following acceptance in accordance witb the terms and conditions of the operative agreement As you are certainly aware based upon your firm's prior legal representation of the Seller, Ms. Kiine is a beneficial owner of Advanced Builders and authorized such entity to improve the real property and to sell same to.Mr Amston in accordance with the Contract. Please be advised that at che time Of closing the Seller was prepared to convey good, marketable and insurable title to the property. Given the foregoing, the Seller chooses to treat your correspondence as an anticipatory breach of the Contract and assert its claims to che earnest money deposit. By copy of this letter, the Seller ig making demand upon the Escrow Agent. Castles By the Sea, for remiaance of the sum of US$42.800.00 forthwith. {f you should have any questions oF comments conceming the foregoing please feel free to contact me so that we may discuss same. Very truly yours. DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION Division of Real Estate — OFFICE INSPECTION & ESCROW/TRUST ACCOUNT AUDIT FORM : to Lae DATE (ff (ofe~ NAME OF BROKER 5 AY/ID (2 HOTE/Y anne OF BROKER BROKEALICENSE || } | | BROKERLICENSES 1 | ~«4I oo eis ¢7¢ &! | | NAME OF BROKER NAME OF BROKER {| BROKER LICENSE # ' | | | | | BROKER LICENSE # i i f i ' t | | BROT ESS TH & Geek | BROKERAGE LICENSE # = PHONE NUMBER Casteas (4 THE Sea [OOOS 27 _| STREET ADDRESS CITY OUNTY ZIP 995 E Dalnetto PK RD. '30ca [Caton aad. FBEB $32 { YES NO REMARKS OFFICE {RULE §142-10.022 & .023) REQUIRED OFFICE SIGN (RULE 6142-10.025) NN AGENCY OR TRANSACTION SROKER DISCLOSURE {$.475.278, F.S.) A or Av Al /AQle MONTHLY RECONCILIATIONS (RULE 6142-14.012) jo o™” HOE) sauce vor usruasumed? /, BOO, 537 <2 (45 Ly UV DICATE SF AULT, A ODO STILL. POVvhive CLOS IVES CCOVMCILIAT 104) AS TO le¥AT HAS evs Sa roe CLOSINGS RECON BANK BALANCE CS: 3) AMOUNT / ZRES 59 / oe SECUAITY DEPOSIT: TOTAL TRUST LIABILITY RECON BANK BALANCE (SHOAT/OVER) AMOUNT i— RENTAL OISTRIBUTION: TOTAL TRUST LIABILITY RECON BANK BALANCE | (SHORTIOVER ) AMOUNT | i i i \ ! | REMARKS TD ay DIM G CASTLES LNAI YS OF C2 OSINIGS ~ FILES | LJ Ks HERESY CE THAT TO THE BEST OF MY KNOWLEDGE ALL RECORDS PERTAINING TO MY SALES ESCROW/TRUST ACCOUNTIS) ANO MY Y MANAGEMENT ACCOUNTI(S) HAVE BEEN PROVIDED TO ThE STIGATOR VAD ABOVE VIOLATIONS £ BROUGHT TO MY N NTH!IS DATE AND THROUGHLY EXPLAINED, [ WILL TAKE CORREGASZE.ACTION WITHIN DAYS AND PROVIDE OSPR WITH PHOTOS. SKET nee AND DOCUMENTATION OF THE CORRECTIVE ALTION ran i Oz _¢ é ME - z é EGE NVEST GHATURE OF SADKER) (ATED TH TGATOR: CLL-SG lt (6f9° BAT an MCN ISSUED YES NO #: COMPLAINT DOCKETED YES NO # NOTICE OF NON-COMPLIANCE YES NO Pursuant tas. £55.228 (3), F.S., and s. 120.695, F.S. the Commission sets fortn rules which are cons: d minor violations for which the DBPR shall es not result in economic ar physical harm harm, The notice of noncompliance shall be plance. A violation of a ruie 's consid ealth, safety, or welfare or create a signi censee with a no son cr adversely affect tt issued only for an initial offense of a minor violation VIOLATION ‘ wo _ Sy ae hoe - — ty cor ACTION: rrr Z Pats L . ___ WHITE COPY — FLEL LD OFFICE YELLOW BQPY 1 ICENSEE etme ce) NS bbe: and Purchases Contract GOBALES —«—neosaantnl tue eeprom cost Pa Zz 27 w eo SSASRELER SEY 2hatbat BELUysese RG “a me Pore Setier N 8 4. SALEAND PURCHASE: 0 ee Le Bi ee MOE In ial wad bay on Fre Torin tra oorbere pected mow tha property Gen crlbed os OS AO ean wage. Yiagdda2ikaa-a2es County: Tyate Soaeh 8. Legal Dencrinior MOE TO RARTALL AUR BAA 8G 12 DDE 9 ans -— ~ or \ fore, rg burt-in furnW Wings, BURA BGRURACARE, CANEOG . ne fate The only CANO KeTe incited Vanteng ooamenta and Weathed Rema, ached wallouwes carpeting, feds, draceias anc othe’ WOdow SONG logeiner with sl tont free, a inthe purchase we Tre Shlowrg anached Yerms are axciuded from ihe purchase The rent and gefssnol property taecAbed 82076 ws included the putch me re retarrnd to ws the “Property.” Peraanal praperty ralod nthe Cotrract ia inciuded In te pulchage Pics BOs no contribuory value ang ff beng let ter Settee converence PRUCE AND FINANCING ; L PURCHASE PRICE: SL ARO peyanie oy Buyer nS: currency a9 follows: oy 3 f ore ay to ence fa) S _22.900.02 _ Ceapoatt receved (chavica sre subrect ta c ° — - Tein ey “Sgr ware Name 0! Comaany 20.092.09 Acctiamw dapost{(o De mace Dy Dna eedler faye Scoot Se te aa he rere Toll Piogncing (eee Parag ih 3 batow) (x pres ma 9 Gok arnoyrt OF perc ett aoe) Jo. tr “ oe = pat S__SMLAISC ER Balance lo close (not ine.uding Buyer's closing casts. prepaid itera ond protationa} Ali funds, paid at clowing MULL be paid by localty crawn cammoty Chack or ocr tank Check or wii od {Lunds 2. FINANCING: (Check ae acolcabie) 1 (a) Buyer will pay caan for the Property with no fmancing contingency, D€ (} This Cortract is contingent on Buyer qualitying and OCR BING (1) BEd fom (2) Baow (the “Financing” ) by ___ghaming.. , -a—— [Hf ba Olanx then Ciosing Date or watrur 30 clays [tom Effect Data, whhchever occurs frat) (Funumnhcing P arto} RK (1) A commamart for nowt conventional () FHAT] VAtinancingfor SOF TA. MOttNG purcthame price (pins any appkcabia PM!) MIP, WA SUNNY few) ac the prevailing inte eet rate and isan costs (tH FHA o VA, £0@ aached axiéendum) iD (2) Aporowal for Saer financing amsumption cf morigace (see sftached socendi:n} Buyer wall apply for Financing winin _._ Gays trom & Nectve Cate (S days 4 ltt blank) and vd Tmety pe owise ary and 2A crodt, eroymen, Nrancia aod othar information /oqu1 ed by che lenger Efther petty may cance tha Compact if (1) Buyer, ater using Bigence md Qo00 feilh, cannot catain tna Financing, (inctuding mowing tne terms of the commiment), ov (iH) the Financing a denied because the Pr *Y er eaad beow Lie par chas? price And mine Buyar Hects no lo proceed of the partes ae Unable to rasagcti¢te the pure Price, Upon cancedalion, Buyer will return al Balle rcronaded ttle ewdence fisocheion cocUTenn and rh c aways aS Buyer's dence t{s) wil be returned after Sacrow Apart recenm prone BUINOZifien free, ad terested parves, CLOsma 4. CLOaING DATE: OCCUPANCY Thig Contac! will be Clos ec BAG Ihe Ges and poms oxsior dainaie ed 50 Cmelasiar say ‘ Gosieg Cary’ eres Sr ecco by one promeiona of this Contnect. The Property wit De ewe Chen one Ballers corona ters Ser oenee aie Oe.ng Cate Yon Caoming Ont@ Ina urance underw ing <3 pended. Buyer may Dos Loon closing up ts Samya aoe te ie eee ats Coming «43 take piace m the coumy where , 4 TT i ‘ Sinehetinedel coteg tne net cae fib boslet ielietiapdelinsiia CRE ad recording of Buyer's Caled, croing agent wil EXPEMT ES PrOWOED In us Comrect, Beker anc Buryper wt! pay the coxhe inckcated betow (ws) Sees? ee Cacts: Detter wit pay taxes and Burt ee onthe daed aed recording fees for coc umonts Meme 10 Cutw Tita: coetitiac, hee end recerang fers on rhea and caletgve afd rez: ‘ . sora feea on ihe ae: ine Oar . PAMEEE, DANES BOetlal wtecsmernt ren sonceta ts! parole rine vice mot and Inaurance: Chack (Nearer a ; sol ta Ble nape SA oom pax) Bers thw na Lr aCe COMMA MOT Be Ita adanca dd Sha lier) Barpar wall sect . for 1h aQart wo: Baryer wit pay, The Gwe’ ue DOC/, BOBFCA sxgminstien and ferated Charge CANn Y_____) wc kromtacoe recor of a copy o! (rus page whch wm Pape T of S Pages, hounamd Wenn 1008 Pw ide Apeconet ton al RLAL TOM Qa AP) Trerermtnerome Fase Bednar oy 2a aN rater Pome we SOS 027 AS GN m Remy ent : : aro t ae relate wa woven se cecaron A tpecstad in Paragraph 10a¥2) Cl) teller OS daryer Wl say tox the CoKCy ard select the te aget Setter wl oy feem for tiie senrcome Orcr 19 Clcai, mciucing tax be aearch Maes, and Ruyer wil cay feca for inte Reaches ow Clceing [if any), othe carnination foes anc (6) Prorations: Tho foicmrg Aems wl on mace CUT am (7 apeiccoM) and peor ated as of > « Gay pafore Cosi: ato LIKE, (KY Et, DOCKS, BE IOEINETES UE ROC OUION fee IMB UORCO, Fenty and her Clr ert OC Dec em anc Ine Property. Y tmos and aasewarmants lor the cul art yane Cornct De Seater muted, [he praca year's fal oe wt adiustT™ ant fer exompbone and imoroernents, Buyer th pas toms uae for procavty Gor ineramecs cues ts chance (2) Taz Withholding: Bayer and Selher Will comory wih the For tgn Yes tment Raat Picoerty Tax Act, WING Satter lo provide adotienal cosh KX ct U Galler a a “lor sign persed” an Cafred Dy loca a Li, 1) Home Warranty: ©! Buyer) Sellar ed WA ml cay for a home wartarty wan asuedty —-— cosinctiowewedsS 0 A Nore waert arty sien provides for fRcar of face whet X many of a Some’s SYFLETB ard majo” Duulan spekorcam 19 Lye erent of br seittown cue to nerital wey 0d taal CAN cg ibe agro PROPERTY COMCITION ne and Me) ce by ) INSPECTION PERIODS: Bayar ad! comants the inspections ralerercad In Paragachs 7 ad Xs Yo. nae 10 cays fom Enectwe Cala 2 let narx) Crapechon Pattie) [At wood-cmecyirg of commen un {aer lo clowrg. fo let lank) and ta wa terouch mapectton on the cry Deford © Of ary Olner Uche acy emecio io Use Cartes. 7. REAL PROPERTY CIS CLOSUAE: Sater rap poeta that Zeller Coes not know of ary NCIS IA matory artes | We Fr Oberty, ncluctng wottone cf GOA Torte! eee ules 800 paquiions, cher than thoes thet Bosal canrex of Usat are kine by of Mave Deen crecicted to Suyer, . (2) Enoigy Etichency: Buyer scknomecges recaict of the Flora Buiding Enetcy-EMcrcy Aaing Syrtam t heh a hw home. the bude FLEPL corc h atachad a3 an scdandum, (3) Raden Gas: Ricen ia anaturaly ccourting fodcsetiut Gut tact, when il Aas occurulatad a puiding) CAD am, mary Or ere Death hand fo ogo who Ma ox cued Wo a Cw time. Loia of raccn IMt excamd atste SuiGelines have ten found mn cuidings 1 Florida Additonal ntotmaton hegarding maccn ard facon testi ebtmnec from your county putile heedh Ut, Buyer nay. with the insencdcn Paricd, Rane rn acer Cot Lay RC ao Neal tho Property for radon. Y ihe Saco bree ex caret accopuabic EPA siaccwds, Sater Mary scase to tadus \evel 10 an acopciate EPA lve, ullag wher ether party may cance (ha Contract. (c) Praca Zone: Duyer eye ad 1D verty by suUraty, wth UNE Lercan Bod wth acer cont} Pome sence: Zoneina Property ia +n, whether Koad laa Lance 1s 1 eCUat ed dod whort fatten apay fo umprowng the Pogerty anc Initia avert of omeualty Ning Progarty ~ ins Special Fload Murad Ares cr Coast ai MoghHazard Ares and the dui Dio tine mpi flood elevation, Buyer may cancel tne Contract by Cawwering ar tom rcy.ce to Sadr wath ZC Ectecive Dee, faiing with Buyer accapts toa eA Big Blewatlon ci the bukKIngA acd tone Seyigraian of tha Pro \d) Hotnecw ner Association: fo myrmomr nxn 16 3 homeoumers’ gogochsticn 's Mantataxy, 31 288 0c) stion SUmMary 9 mtlached and incorpe stad ito is Contract SUYYR SHOULD NOT SIGN THIZ CONT AACT UNT HAS RECEIVED AND READ THE DI SCLOA LNs SUMMARY, &, MAINTENANCE, INSPECTIONS AAD REPAIR: Salter wll koep the Zropaty in tht sare tention “ram EN pre Chg, sr Cat FOr Torre Wer ond tan Crmecerarce requromert") and rapa § FaQuin ad Cy Stra Cortrach Sealers Cc B BRABREARAS ANY: ~ + tay was. as BELesesg YRRRSRLBESES Sx ‘ i ‘ 6 i i i ; i ; ‘ i e ¢ 3 i Z ¥ i : j Fa a ¥ 1OO raturn the Property te te OTE eGON CONCH Me SF Selwer is Utmote to Compcts fequted facars x baxter 162 arse gembie cape and reaurent contre’: is Bayer x choslog, Kel 0) Warranty: Baller werrsrts that coricesed Maer Eine and heating capling, mechweea wact ica ied aadoine Somali and Sumang tystens, Baw!) Cox and pool sclicrNt, F any, we and wl] be mamtaned [: ics re on UAC! Chowing, thot the structurar (actuckeg Jools) and poo, if any, are atructursiy wound and water 107 ‘ "A Property Nee groper xn mite Seibert Comm rot WORK And Hh oO raguiad to ftp: cosmetic condipoa "ce The CORMRtC cordinen reputed from a cate in 9 Wer Oka Yorn. Seiler wa nx CORA SS 10 Dring ary Ik Com Mance wath OARING QUleIng Coe feguhatiora unioms Neconeary ic raaay a warracted ten “TOON | 4S mee CORT Ung JO the manner in wich the fem eat Getigned.ty comaiz wd “catmetic POR Ora” bate Wa i" oer (nat CO rot atact the wonurg condkion of tre tam, TOG MING OT Od masta maming of torn 14 ae sown: teara, wom acts ond CRCROCEION Ct hoc SONICS fwd) Carns | wt hon Yesatmarts ony 10 733, CF aes, Chios a COMING Se Deh rere Oph | antl Fear [the teeta es | mrror a! wad mney i Uy Prat eeeee ( Shapeiny® | a: cerwaina £ 5ock Cocks) garage ane Bat Neos , 45 Tote r Bons! Inecection: Buyer (ay Mae way! arte ems Wa Decled ty a person es mer i3 thee Ramin a pects A we DY Saw} 19 conduct here ing cactiony of whe Sou a Flog Gemma ia rep aed a Se i aot ins pector’' | Saree muni, MINIS 5 Saya fom be on oN 4 - Der 113 ox St Tepectien rey Seine Tbe of ary fate nat we not on the cerctian werterted 30 8 Coty of the inspects wetien jeans 12 Salter. yer tats 52 anvet Uremty ae kten Acdice, Buywr wmrvna Sellara warrgrts and accacts the Nerrs 1 pe-atiniaenhy ed [96 Ww" Concer, axcact thet Selle? mount mast the Maintenances acLiT amert 1 1) ye Pecan (nt aces ody 10 make fates Race sary 19 Ory werTortad tens 3 Tht Gonquon ward 1m warmed wow 9 veCod magne AAO S cays fom receaict OA Bu ywr'y Neri Of tome try weretm the: on Tacry a rotenone Ine Sec lor aed wif aocrt repme ewhmatwe to Buyw . OW INES Garten CIN Paci he tw a ~ c aed samy ant the coal of 9 ung ewiton, a woem Juywr orc Salles oe FOC a St arcing on Ne pate. 1 Ne TE Buyer SS yS a sou LP, : . : : Salieri ¥ ) MXMOMIEGe Fee CHa Cony of Ihe pape wench a Bace Dc! Farce Asanti lon WRAL TORS BecRemen 2y BO MA Marengo SOC AS? Aa Rages 2 o a 1s 154 136 48? 168 16C +61 ‘ed Bh) ble] 75 168 187 153 19 479 17° 473 174 178 178 Ww 173 wy 132 19) tas “eg aed 183 1 war 188 TOPON sarracted ilerns equas of ip lege than Me Race Lat, Selec wih Save (he focmrs Trade nos worwcnanna marae DY an aperogriatety licensed person. Hine coal 1a feoet warranted terns mxcweca Ihe Roca UMs, wey pay may cancel the Conyact usttess ether party Gays ne exces o Buyer Gosgraia: wich recars to make m1 ota) cont (> Sather not exceading the Reou: Umit and accacs [ne Daance of the Property 10 Rts “as 19” Conan. [B) Wood De atroying Organlema: “W ood~dast Oy:09 Of a8” musars acthy oped 0 plant a, incluang termites, poader-post becties, Gidhawse Sve and wood.aecaying tung, [mat camages of infasts samscned wood nasticture, cxcudcing fences Buyermay, at Suyes's axpenca ang pricy to clesurG, Mew the Pr coerty ing maectad by 2 Flotikteticeneed peel CONG Susiness to Seterming the existance of peel Or praeent wood-cmetoylng of gannmn Infestaccn 3d danege caused by wrestaban. 7 the Ing poctor finde evidence of InfestsUon of charmage, Buyer eel cedver a cooy of the 1a DCEO AE Lael FDOT 1D Seabee t wt ren § Gays form the date of the inspection. Sellar if nct otigatad to trewt the Property 1 alt of tha foiowmng apg (1) haa ik to Weide We Infestation, (i) toe Procany haa pretously bown tramied ano (ii) Galler Taratece a cortent full lreeinent wwrarty tf Suyer % coting Canerwesa Solver wil rave 3 days fram recogt Gf the inepector’s report 10 hare reported Garage riumated by a Lcensad building of getoray corrractor atd corrcethe (Teatmert es Umsted wy ot icemed peat COTTA Daiseee. Selb wid heave (restments werd [omas mace Oy 5 2OMVOprwlely koamsed Beracn at Sellers exoatec up to the Ter tite Repeat Limit, Hf the com! lo Umut ard recall the Property excpece te Terre Repes Umi, athe carty mey pay Int axcars, huiling woh either party may carcol the Comtraict 1 Buyer tas to timely dele the ins owctos writen rapen, Buyer accacta the Property “mba wth fagard [o wocdkdestroing oO gan m infestabon and damage, suspect to tho malnienance / equy amert. (c) Walk-nroogh negcection: Buyer may waik tough INa Procarty 3ciely to verty nat Salles bea coca recacs PeQur sd Sy (Na Corttect and bag met contractual soigationa, No othe, menue may De (sed Raw fesuk of (ne waid-hrougn imppocton ¥ Buyer fais to conauct ths inspection Sarena facay anc maintenance athgatons will ba deemed [Utiad 2. ASK OF LOSS. H any portion of the Property % Carsgad Dy fre cr other catuaky Sefore closing amd can be (aslo od wean 45 cays from the Cloaing Cate to subsrtantinty the 20em condition ao ft wks on Efectos Cate, Beller wil, at Sedera RX pene a, restoca the Property end tve Closirg Oma vin be ertended accordingly. t tne restoration cannct of competed 1 Dine, Buyer mary accent he Promerty “aa ie wth Bethel ataccing tw imeurance procases forthe Prooerty 10 Banyan af Clomng, falling which elLyer TY may Cancel tha Contac, TTL 10, TITLE: Sather will Comey mark tutte LUeloihe Property Sy statutory warranty died Of Ir valos, par port scr emancatrre oF eer ah Geet wm apcroerime to Dether'a statis, (2) Tithe Evidenoe: Tite evidence wil show ejal acc oes lo Ne Property and marketable ttle cf record In Suediar in aooersance with Darr art tithe «tancarce adopted by Lhe Floricia Bar, sutyact omy ts thi folowing (tio exceptions, nora of wich prevent ‘a5 dana! use of the Progarty: covensms, gasamerts teaitictions af record, matty of plat, eristing Zatwng ana government POQUMAK OMG | 5:1, Cam BOS Minera NGS Of record tNe #13 nO NOM of entry, current tax as: Mortgages that Buyer wl maume and ANCUM ONC OG thet Seles will Ge chavpw Bor hetore chosing Bader wi pra to c.O~Ing, Oeliver (a Bye! Sabers cnoce of une of (rae fonowdng Y Dae ttle oiderce, whch mut! 59 Cane avy accetiod in the County where {he Property $s locatad {somcaly in 2 AGI Hcl the selected typeL Seller wt wee optian (1) in Pawn Basch County and cation (2! in Cade CouMty {WA Ute Ineurance commenitwre nt iaaued Dy a Flo canicercad IK6 Ingure in lhe otrcurt cf the PU CT DOE Bod SLEZOC Ory lo fe ax oeption@ aet forth in tye Contract (2) An existing abetract of Ute Iron a sepradle nd axieling etx tract firm (if fiers me Mot amish (ner waslr act tual De cwhihed a0 COrect by an existing Fem) purporting tc be an acrivale ey nogdia of tha lowtrumemts witecting bile io ihe Prepeny focor died In the tude rece cy of = oy yt te Couty where bMe Hrooety ie located wid ceritied lo Effecte Onte Sones teach an abs oct 11 Nt prarlable to Seiber, thena rics Owrmers Utie polioy occestatie 13 the proceed ingurar ee regeuarce Cl ttverae Belles wil Bary for copame of all pokey axcectons and an uscate ing forme accettabé to Buyers ciaaing apex trom the policy eflacte date and ceciYied to Saver or Buyers closing agent, tourer mth copie of all Cocumarte tected in ine poe pocy and in the upests. Ya prot poley wre tecane ts Sai Ven (1) atowe wil be the Whe esence Tog radence ‘atl! 5a Caltvered fo tater tran 20 Gays bartcre Caming Oat (2) Tre Examination: Buyer well ne pring the Lle avicemc = i * ad i 2 9Cd Calter witten rotice [lo Deller, wehin 3 dave frern recuert of Mie evicence but no later ther cloming, of any defects that mee tne Lie unmarkelace Balhae wal Mave 20 daye fr TES Reg ceo secs (Caan Nae io ae Ine Seth Sais Beso’ Sedat eae ie ote Cd, Baltey i) deliver wetter notice 10 Buyer and tho partes wit Clone tte tramgacton on Cann i . ! en Cis barbie =e te Cer ashy Pees f8CeIDL of Tales cetow il Ceaing Owe rae peswed ¥ Selier ia iatie > & mn Sellers notice, ater cancel tris Contract or nex opt the with ancrting oa seitran 10 Gaye trom racangt of {O) Summer: Buyer may, arlerta Cleaing Date and at Buyers ax pena, hae lhe Property suneyed ant dole ‘wt t Estadeaahiiea days ham rrewiot Of aura WWI NO Laker than C14. G. of Any aAeroIChmenm da the Proparsy wwroeennonn ame LM prowe BALA on Gt OF Lance OF deed Micon w250iNg wol adore, Any BUCH arcrsachmen! 3/. : te. In thy ky : z boot viol at 4 he eae Tanner as athe Cet act and Buyer's and Selhers SOIC OnE mil De Ged er tuned 1 It coy Conc anand vs apnea Bae ary Parr OF the Pr opaerty (bn Saamwerd Of thn COOMA CoN UCUON Cony Ol Tie, Salted will ORM 3G BAN (>) TuNey an eau ad by Lew delineating thw line's location on he troparty cn Salta wil Or Once Dacre, WAN en Thanet Or ioe CRY Nesom Buyer wove (Nim fea pret in wet ng. 11, EFFECTIVE DATE; TiW® The"EMoctww Cate’ of ths Cont Levant cite Tne le easetce yet a CaS On which tha sais! of Une Cuties sitios cr asone th “boas ne ln of toe Tor all prow! shor of thea Combract A sme per lade wali be computed an bob iness cays 3 ‘Ormml ‘age! Acucays). X any ceachine fous oc a mes Pr Ee Of the DOr CE aate aaa eee ae ‘2 Pe Dares Wd Stk by rail, paractal CalNery oF veceon: mocta Buyer's falure t 4 ’; " Seo Hay} hy J SCRNOMMESoA Fecal of a Coby othe pace, wrote Page 3 of 5 Pagan DNR Pee ie A ae of REALTOR ae Aa MOP Newer ved oan ~ ° : wee BUSUUBRNBRUGH BP iy ag 1 to Geter Uomety werition matics (6 Selber, when such motos Se mequited by fais Contract, Qerdiag ery contingences 4it reactor thal cont! ney Mull and vold ged the Cantract will ne conetrued a. Ube Gantingency did not exist. 12. COMPLETE AQREEMENT: Tree Corxract le the attire agfeimert betwen Buyer and Seller. Except for brokerage ey reemaents. no prbor or av eza nt SOree ments will Bind Boyer, Seiler or Brot uniase incorporated Into thls Contract. Modificatiore of thro Contyact will net be binging unions In arting, sored and deihared by the pany lo be bound. Signatures, wale, documents | eter enced in Us Contact, Countet parts and weiten mociications communicated atectronically a on peper wall Ge acceptstie for 60 purpcses, Including dalacry ard wi be binding. Handwritten on ty pancithes term inmertud in ov adached to ta Contact of val over preprinted terme. Many prowsian of (he Coclroct ® of becomes lve or menforceate, ali remaining pronmang wil Cantus to be fully effects. This Contract will not De recorded in any pubic faces. 14. ASZIGNABHITY; PERSONS BOUND. Buyer may not ansign {his Contract mthou Sailers wetlen coosert. The tarene Baryer.” “Sellar,” and “Broker” may be eingular of pire, Ne Cortact Uinding an the heirs, aaminsirstora, mxacutora, Pe Sora fegrasertatres and waeigns (if per mtied) of Buyer, Setar ond Broker, OSFAULT AND CISPUTE RESOLUTION 13, CRFALACT: (a) Setar Cafauit: Sot any reesen othe thor tare of Salles to mans Sellars tie marketacia aor cakgert gor, Beiter tails, (etveae OF neglects to perform tha Cantract Buyer may choced to recone a fetum of Buyer's Gago k without WRG tha ight to seek Camagem o¢ Lo geek Specsie performance ae per Paragraph 48 Bele: wi wag be liabie to Broker tor (ne full around of the or ok evags tee. (6) Buyer Oefautt: % Buyed fats to perform this Contract within the Nima spec Mad inching Lnaty pay met of oF Gepost, Sater may choose to rita and collect ai dancets pai and wos ped 10 Se pod xx HQuichat ag carragam o 10 Beek Bpecitc performance 33 Der Paracrann 1h anc Broker wit, Upon Camand recewe SO of afl Gacosita pad and spread to be pad (lo be wpe equmdy AMON Coco sng Orokart) UO to The ful amount of the broxesace ‘ee. 16, GSP UTE RESOLUTION: Trew Corti act will be construed unow Florida law, Ali Controwernies, claima snc other matters iA Quasioan acing ait of of rowting to thm Uf armaction of tus Cortract or its oreach will ba sected a Solow (2) Dee cutes concerning entitierernt to deposits made and agretd [0 54 mae: Buyer and Seder wil heve 30 cwye from the Gate comflcing Carmanca Be rade to atlompt 46 wocke tha dispute through medlation. f that feds, Excrow Agere wht SUD Ihe Clouds, 1 9¢ requied by Fenda law, to Escrow Agents snace of Arotration, a Florida Court or tom Flor ica Read Eriate Commasion Guyer and Beller wl be Cound by ay Fesuiorg sottlament of of Ge, fo) All other dlaputes: Boyer ond Sarer wil hawe 30 Gays from the Gate a cepts anses Catween then to atten to Faacive [he marter througn mediarion, AUK WAICH the cate wal pam Shee the din pure TYOUGA naira brading artltra tion in the Bounty where the Property iy located Tha eptratyy may nv ater the Cortract terms oF award any rommecy not Prowoad tor in tha Cartract The wear wait be bos ed on the oy eater weight of ine evictence amd wd) alata fadinge of fect and UNe Corer actum miner ty on whch le besed | the perbes agree [0 use siecowory, N wil De In €cOert canoe with the Flerios Rules of Catt Procedure ang the ariyinator wit FOR OAD WW! RC OUMrY- Oee Cm akes Any Garam Wilh & Peay wartuts |loeteoe rammed in Par acy agh 19 will by sui tad to arbitration only if tne Homrmeey SYOker consentr in writing to become a parry to DNe proceeding. This claus Wil aurive casing te) Medlation and Arbitration; Ex penase: “Mod atort’ m9 procage in whch Parte aOnct 10 rcsohe = cepute by SUDTTOING Ko an iMmcertae Mead Ror wie faciitetee tha tecoluticn of the Geputa Bu who 6 not eiioowarec io umpone a sottement on Lhe perhen Mec zbon Wil be in accordance wih [he fukes of The American Mediation Assocation w otne eC KON gy mad On by Ihe parties. “Tre sartow wil equally dvide Ihe mediation foe K acy. “Araneta 2 procesa in 17, ESTACW AGENT: Buyer td Dealter authorw 0 Hacrow Apert torecane Pace t and Noid turds and ether therne in @0¢ 1 aw sybiect to OM Wc ew, On uree them upon proper eutnos Ui aUON and in MOM CANCE WH tre Lerma of tha Cormract inceare De ee Oka 300 Then, The Bartiew ay we thot Eacr ow Acard wali ct be lacve 19 amy pr 30r e rsckneary Of coor aed RNa prea senpck reer eee Cus to Eact ow Ager wet by wach of Una Corttact oof ous Pmgugance, # Exeroe ea OecS the FO}AC mation Of the eacrow, Recrow Agent will pity the Ting fame and conte Irom the Cocca arn wet recoeer weave Bu yet wid Sete toe pecdvedy wil Day ol) costs and expen i Brower art Browars oficers ow. oyeee mateaenetes: 4 . eto ager ANG coy eGE In Connection wih er wravg from Buyers ow Zellers . COrecers. ang ce Dectes vercors. Thin paneer an wl not radon . tars Ceeartonn For purposes of es perag cach. Cher wad be were as a pery to the Cantrect TT! av agrecn wat nominee ene Dave SET Sy wR Setar y Dalies (2) Mexnowteia rac-eet ct a COPY of thee pane camlch a Page 4 oS Priced Pee SOR O'TRE Pins ain Asemnustian of AL ALTOR fae Tre harem et — meee Sor SN Perret. Fe Belt oy OD Maia Putraneg, me vO I4 27 “ . ™ vargtezuuy Usiay rad S- BE/i[toee * > and trokar 8) ferned Salow are collectively raterredto as “Croker. Seter ut Baye: eee iret ine becereoes named berearins procuring cause of thes transection instruction to Closing Agent: Salter Ord Buyer Gert Clowng aget 'o Geburee et cloning the TU amount of the brocerage fees ms specified in weparete brokerage agreements with the perlias and Cooper ale agroeriarts betemen [he oksrd, Uitert Broxer nas retained Rush tone trom the escrowed funds. In [he sbaenca of such brokerage agreements, chasing agent wil dieburee oketage fees at Acucsted badow, ¥ Rew Evvets Lice ene Poa Estate Liven see rae age Mirek arage Aun. Broke age/ Brokerage Pee: ADCENDA AND ACCITIONAL TRS . ADORENDA: The fol aadtional terms are Included in addends and incorporated Into the Contract (enok H applicebtey A Conde Assn. G. New Mart, Retes G MW. Housing Oider Persons. ©) S. Bate of Buyers Property B. Hormneoaners’ Agen CC) K As ie wight fo ine pect N. Unimpr ove Ag. Prop. T Rezoning C. Sater Feancing iL) | Seltinepeaiona is ©. Inter eet -dhearing ACcOUN U, Aspignmen: . . 1 J. inauiadion Orecloay es U) P. Beck-~u Cont ect V. Prop. Diactosur eo Stmt E. FHA Fineneing CK, Pre-1978 Housing Sant. (LaF) © F.VAFinenorg OL Findd ine ur ance H OQ 4359 AYN REN Q. Broker-Pore. tt. iaProa © Other R. Rienteta ©) Owner x y NOOOCDy 4 be] LPEECE 2 PEELS SL Teele letended to be 8 legality nding aantract, W not fully enderetocd, seek the advice of an stiorney pricy to tigning. OPPER AND ACCEPTANCE : 290" (Check If spmboeple, C) Buyer recaved s writen real pronaity Oscloeiy » slstemant trom Baier Defoe making this Otter.) 291 Buyer offers to burchae the Property on the ebove termman amd conditions. Unless that Contract signed by Baller anda copy 2A deiher ed to Buyer no later tran am O p.m on . iis offer Waid be resadumed 233 wd Buyor'y deposit refundad supect te Chen aroe of funcs 2B4° Ost, —— Buyer: Tex SSN a9" Pant name. —— 2968" Dety, Buyer: Tx DOSSN 0 SCF Ome Barer: : se" Pret nema Tat YESH: —— 20” Prone Acar eove: ‘ 37 rex: 308° © Bedter counters Muyars ater No except the camstey oftee yor met ot UD Use countay of ered tarmm and detver @ ct oDy Bu s & —— ~) O Bader rejects Buyer's ote 208° [ Efimotine Gala) (The date cm entoh the tea! party sigrend or Wtibind ponptamce of Hee inal otter) vead Better Kd. By J acknowlecge 1eceiat of a copy of Tres page, whch la Page 5 of 6 Pages. The Fh Opr ewent et lon mat | ¢ Ue heged iN Raaaps' (ery Bx ow hence OF Liha Lor R10 ery WemotTie Trarmecsion. THs sander drted terre shew not tre waned IN Comeprem 11 eneact lone or ‘uh erverciiva viele THO Copy! ight heme of trp Unters Bales (17 U2 Cate ‘ ort me ( . ) forma the ure thor ed Peg ea Tt len Of mates her ma by ery are CIE fecturnle a A QA © Rotary eat Heyyse u RASH TESEIK ARAN: RYY WERE BVBSs a BVITTYAzAUSL aA (2) Amodation Agprovet: FUNG COMGOM RI UT GaCWe ROT OF Dy deme Wry Om ew mn ee ip ee came Te Tm Dees Cortied = cortrgent on rch wp ovel by the Associaton Barpat wl agp for approval Woo" —... Gaye ae creme, as Cte SOTO or Tata acme, RoGG MALY ere NORE raved Er Seber vil ee ary nooumarts recrared Dy the Aa sociation to compete ihe Unrate t Guyer ie rt serroved, Tvs Ferrinete decosx ober 7 a. Qa) Magid ofr Rots nactte Aasccubanhes engi effrat reksasl Ww buyin? Property. Carrect4 contr gent on the Ascocistion Beckding notte axercigeuuch ight Saket WH, vein) days from receipt of the Apsocietiony 66cin ion. Be Buyerantttan netce ofthe Cr A oar pry Dowara hl cyeimasan wt casing Mee (a) Apolication/Transtey Fees: Buyer wil pay any accécamon Endo tracete femq charged by the Aa soon on. HM oridng: Belles wii assign to Duyer wf cicsing periong toacc(#) acta a . 8) porcesrnants and Recreational Aves Rasrt Saket wll pay emai renee» and gimbarpactodic ie Bs pete OF ny rece One: eres Currertt ae of Cloeing Dats X the Board of Adtinetretion an poses en apacial megeeam sai tor improvements work or aie ee thet ere subitentiaity competed aa of Effsotive eee cadet wil pny Gre hal wee noment, ayer we! pay lscmer res esecn ania, Bale? Tegremerts tral ovhe a rot swears of wry pending meseterernd excact a tolows er gooey eyerannyorel” Sonal Fagree wim Cad Palaha w Onar a ot rng OF mC bates Migab on aK RPE A PAHO“ Beller remresencs thet te Currert mairkorance tod & 3 per to 3 pe to 3 wo to + we ie Che aks Ractoebich or Land Unease ba Procorty % tnece ww arpcraction of land ‘emes, the sutart paymert ie 3 pec reek: m Buy Aceercow indie rer 1 Galter Diacloswe | (Chec < whiotever scolee) OC) THE BUYER REBY ACKNOWLEDGES THAT BUYER HAS BEEN PROVDED A CURRENT COfY OF THE DECLARATION OF CONOOM NUM, ARTICLES OF NCORPORATION OF THE ASSOCIATION, BYLAWS. RAE 8 OF THE RSEOCIATION, A GGPY OF THEE MO8T RECENT YEAENO F ANCIAL INFORMATION AND TRE QJESTICN AND ANSWER BEET MCRE THAN 3 DAYS, EXCLUOING SATURCAYS, BUNDAYS AND LEGAL HOLIDAYS, PRIOR TO CONTRACT. Ch THiS AGREEMENT iS VOOABLE BY BUYER BY DELIVERING WRITTEN NOTICE OF THE BUYER'S NTENTIONTO CANCEL WOHIN 3 DAYS, EXCLUDING SATUROAYS. SUNDAYS ANO LEGAL HCLIOAYS, AFTER THE QATE OF EXECUTION OF TH AGREEMENT BY THE SUyYeR END RECEPT SY BUYER OF A CURRENT COPY OF THE GE CLARATION OF CONDOMINIUM, ARTICUES OF INCORPORATION, BYLAWS AND RULES OF THE ASSOCUTION A COPY GP THE MOST RECENT YEAR-END FINANCIAL FORMATION AND QUESTION ANO ANSWER SHEET F BO beat Bh Manaetery Homoowner’ Apsockation: Seners werrarty under Puagraph 3 of the Tact ie lirruted to (Operty and Goes nct wierd 12 common srems of fachived Cus cribed omow, TM following cost $ per to - ee vo _ — i a Soa te _—_—_—__— a Disclosure Summary tor (neere of community ) Sg (5) Ae a purchase of pracerty i The cornmundy, Buyer wa obbomusd ¢ HORT IROL” ookatlcn, (1) a purcraaa! of crsparty 28 Con Oe ering cane we coma ee tor 1} Buyer Will be Obigatyd to poy ansane ments to the srsaoinwion, won eeeemamente 3 ubyect netQot ] OT eecetion linpomee v wpecial mmpuenaonert fx an LEY vee’ [hed RUbSHOEY CMTE — te ete aa oer the saasent, Bayer wil pay al cther weertet er, Belles repr mserts UM trate be rick were io 4 There OD is 2 5s not an ottigation to we . rr ba oe coon pay ox leet ee feee for (ecraaporal o other commeny ured facies ws an ice (5) The restrictive covenants 0 to acer owe cf the was ocistion martbe ship per can [ cennct be ararded wehcat (he (0) The eteceenm anrtaned in ts cheolosise form are arty suminnery retur o, tnd, pus pective ca) INT Be ee ea sod te sesccuation gorwning Cosumarns. . “s Buronem er. ' These CocUmerts matt neces! Oper loca - we pate I J wed can be obtened fram tne record offioe in tha county mnery (he Buyer ackrowecges fecopt of thas summary toetors akong toe Coceact, The form evrresteteer » 0 Kamran tor seen ot Sore Rarbemry bY AS Me Atma A peng, ed BOR CO? in . 7 yinad me Pog yam ye HURNRUEBRTSURY AGEGSS ~ v7 BRORELAALH CH Seng anesee? re x y-4 x JO. Mortgage bemum phan: Auiyes wil taxa BEC! 10 BE ABELTTA BOG OFY IETS imoryeage wD Nat a in the ae Ke whoosh of $e OOTY peyabe e300) Par MOREA INCU BFNcipal, itor wal, Dhow and ing urance ane nadrg 6 C) ied © orw (Comcr ibe) . vterest rite of % wench C wy Cl wot net emomiate “Don apaumeticn. ATY vallance in toe Trortemye will bo BCI Latad 9 Me amare cus at Gioain g with Ne Sper t6 PUToTE® # BOO #, Suyer wil pay Qe eUM OM OT AAnet tee end purthes ¢ Samec’s esc tow accaunt dolar tar oll a, Tina tender geaptrevee Buyer, of tha interact rats Upon Faerat of arc eecs marke pesum puantrametys /¥y exc sede 4 URS agreement wit! Lene imate and Bu yee"s capcettis) wit De rrumed unlese wither party alects to pey ie axs 68. ft x )- E PRA Financing: [Buye! eat be reterrad to ag “pur chee ar ln the fokowing Fatarert) (tt ox oeoly acl ead PWR MAKEN ary NA pros OTS of tfys cociraci, the py Ohaew Will nc be ookgated to complete ine Re ee oer) smcrbed harem of to veut ary paraity by fortorawe wl Sarma: Taney eee OC UNOS the pachoee Pas been Jn acca denos win HUC/PHA cr VA requir amiarks qgwtten viateners by he Feceral Houwing Sommissioner, U8. Decartmernt of Yeterane Ate, of 3 Cifoct Endorvamont weer aatting forth Tne appr adted waiue of the meparty of not tess than 3 The pur chawar whl Mowe Ihe orMiege ad octet of prodeecng wth we acceptable.” 7 Carew alects to proceed wah the Comtract without tagard to te amount of famonss Ae ortadiiaded wy he Feder el Housing Coruniseionet, WS. Denartmert of Vetecare Attar, of Direct Endorsement lender, such Buchan must De 1) Fees, Pregmaymnest: Beliar whl pay tax serosa, UTE ING and cacument prenw son foag regured by Ine jencar, vp te RNa mum coe OS ~ Baayen ell pay ek prepay ments and wert ows for Taxes, mazers uu ance, FMA Ch Repeal: the avert a lercer, ee a Teme of be Fea wporame. rocuites racers fo hema mot covered by Sele? watranky in Puragracn 3 of the Contract, Gather wid ae reed recmen UD YO 2 Tranimum cout to Salter of meray ie PRED FOO Dara focars io wasroreed terra s/h avmact (othe Racy Ur oetingd 2 0 Conia’ SB eT recuire [overrated of Urwarterted Larne excoads the respective lima, Balla Wk. within 3 ccys ef receiving hetica of the zxcume oti, ceiver to Suyer writen povoe of Seibert a intent to pay 90m9 Bl, OF none Of Te Ex Ceme MOT Y Seether pays bane tran tra full emourt OF the ax cess Sow, Buyer may pay the balance o cancd the Contract, Guyer's () The loportance # a Horag Inepoctlon: HUD com nol warrant te condition of a property ia Importart for yous (Buy ev] tone a home Inepection pertorned on [he Breperty You wWeh to purchese i orow fo identity way possites detwcia Lp to can be foundn tha yellow pages cf your talochore Cac ory Urevet Se Nemching “Home ira pection Sarvic os Souing Haw Cotae Agent o Brower Cate Latrg Ree Cetaiy Agere or Brower Tate Lt Ht YA Minancing: “1s exor ae aly agreed Ink, Mclwthetancirg any Ofer Drowe-on of tyes Contract the Boyes wd) nek neu By penelity by forheture Cf ear neil money of Aherwt ® bo chigated to comeaels the purchase of Lhe proceny Geacrtbed herein, 1 une Cone act purchase 07108 oF com! wi Cawde the rammonebievcdun cf the property 36 sera Dehac Ine US Ocgetmert of Veterans Affere, Thc Buyer wi nowews, eve Lhe pr reaape and MY eo cane cone ure of ins Comract withot regaid to The emourt of remeonecis value setacilohed by the U.S. Daparsrert of cierare Afary, Pye! elects to probed with Une Cont act Withont regard to the aout ct remecr2ce vase eatsomened Dy ied U5. Gecartnert of Vaterarm AMUTN, 8Lch stection must Se made winin 3 Gaye fom Buyer's recect of the ACO Maa paey iva ubeiparaeebens ats tor the leacmita inapection and tan Berwca, UNdaMer tng and cosumernt pearson foes re, lence arc Sor raoording tees lor aweroring Buryee's TROTSIO8 10 10 8 On een ae eee — + Surer bay oh recuyrege wii eects for ea. Mazard ecrance and flood Wauranoe, when aprhcae, Buyer wil pay t hare i BOGUT Poon of an extecng lamer wtrch or iguneily chewed on ptor March 1, 1800. (2 Fevonice Oe wert a cranny ogg eahbal 00 ad, FUL wat FOOD 10 Narra Nol cower a Salers aarrarty in agracn, Cornet, max I. Tegery Go loo maxurer Com to Selher of Rec Me eS ee ee rest cata cery nonrenser ¢ Tide comt of repedre (omar rected oF sarvarted scent Sati vette yoy he wet ~ , Sar gm ce et O Paden om eacene seat doiver 12 Binet werten nee) wt ra n 73 ~ X TP LA Of gration, with no mare then TY PARAS Rew 30. We hort gumcye Fhe tee! Bulyer well rot St oti: tect $9 Cornet chase Suye: to cctaan Tre financing m 2 fixed iter eet rate net Crogacng ~ OTe mwntacaa Weare: tee ne ape eaccut pont charged. Buyer 0) wl") wel not seca a Satioon martyage. . Ske OSE ce ap Aan ern of RL ALT OED Ad %ohts woes Page 2 ot Adcardum bg TR Se hom Ferareneniaer Or ee we PON SO wy RG MCAT tee Pol, (AC CD. me tt! Co™. — LE ooo SS Cy Lf 2 os \ _ ) B26 (3/108 Stoped Caiing Arad Common Waits Between Hama & Ga ane Exterior Wats Caner UBH in Housing: Seller haa no knoweigs of UBP/LAPH In the hous ng DW no walabla LBPYLBPH recoras or Ce cack ae ideeas jdeecroe at known LEP/LB?Pr intormation, Het wl trellntie Gacumenc parmrng to UBPLBPH ard prowce docwnerts to Buya/ Oetore gacenting Buyers offer) CQ} Leed-BResed Paint Hearssde inepection: Buyer walvoa tha Opportunity to Conduct a hak sEsesement-or:Inatsaton for the presanoe of LBPASPH undese tus tox 6 oteckad (7 Buyes may, within the Inepactian Pedad-. congyats Ask aesememert of inspection tor the presence of LEP/LSPH In accordance with the prowelow. of pacagcape Gal or H LBPALBPH concitions thet we unmatistactory to Guyer wll be treated as (werrarted tems’ for purposes of perogrepte MaN2) and (3) ory) Cart lastion of decorecy: Guyer hen recened the prlek enitiad “Protect Your Family From Umxd in Your Home” ou ad Of The intormetion spectied Stewie (1) above, Ucerees tam neiiied Sailor f Sailere ooagatorn to rodce ard Deotaee Intormetion regarding leaad-pesed part and leedbamed paint hararde in the Gromecty we recused by fecene! hee (47 U.8.C, 48620) end we erere of his or her obtgetion to ensure compmance with fothera! ieed-buced Gwe lew, Buyer, Seller ard each teensee bee reamed the intarmation abowe and certifies, to the duet of his or her knosdectze that the infor mation ha or ehe hee provided iy true and accurate. Buy er . One Onto Saye Cue Seller “Data Satirg cores . Oute Listing Lcenaco “Data AQSELR BALWREBH TERR SSrGH Loess FRYH x = L. Fined Ineurence Required: Buyer i notified that tra Property we locetad in an awe mat: , wen wd Wnaurence la required 0) wan daolared y Sood Cmasto ereq etter September 23, 14 and Focetved fader 6! gn seter retiel ae mtenog OF tha CONGIDON tet toad insurance be coteined in ecoordercs win acpicetic tedera! ww. BUyw is f to obtain such flocd imei ance # the Pracerty 3 net 90 insured an cf the dats of Uanste and wt Da rented [9 Martian food Ineurarca in ecoordence with applcethe fechera lanw with respect to the Property q S25RR ol x JM. Heueing fer Olde: Persone: Biuso1 scinoterioes that tht Owners’ ameociatlon, cnvecies CNet SeunIMg Stoica ‘tance the Property to prove for older pertons as defined by ‘ect a ie. Wiis Bellas aed Brekar Tre 0 (apr aierzation that the actvady Rife om for clear parkore. the house) provicher hens stated that t prowiden housing for persone wno we (1 22 years of age anc ckjer. () 56 yemra of age and oder. 74 g qa TT PARAS Mo SS OCD Merice Asmactation of REAL T Om amp Al sighs Feeeer red Pepe wl Acthenaure ito The Pome Le icaoveent er wie nth Pearyrpetitadbaae® Porm Lotmemry ry AA AC AAbeM PLING, Wet. SCC SI) \?7 Qt i i ed 77 TAg Claes bee wil De iscot por ated Icio the Cantnect between _____ (Baller) scp Loe Sadan ___—. Ategheee David Line seed laze Dasseaté (Panes) soncern the Property cessor po = ) Pony 4 eked by ai parties 4 MISCELLANEOUS CLAL ES 1 CL) LL). eect testing Escrow Acmount: All Bapce.ts will be hekd In an intone Searing ocr ow 14° ace win ax wCorued orem (o be pm 1D — x 12 claving. Denon ts WAH acer ue interes! on’y from tne cafe [he Dank Pec eNes and credits Them though the cate Eecrow Apart s 13 noblled that the trarwaction 4s scmedued for choting and the funda are trareferred. Escrow Agee im althorTad to C@ouct > i gL sertes charge from the earned interest bafcrs Genureing tha funce = * . x )?. Back-up Contract: (Check wiechener appli ee) . eT yh Dep COATEE We bublect to the termunsien of a prior executed contract between Seller and 3 third party for 17 the sale of the Property, ¥ ths prior executed contract s termretad and Solher Ceiivers weltten notiog of She Lecminmtian (0 + Buryer belcrw $00 om. on 1 | UNE Contingency Wil De removed end tha bacx-up 19 Cort nact wilt Trove inte fit pamGn Nl Guyer Goes At (qoeve notice of Ine Eran cOnerscrs termination oy hw BOW 30 Cmactive, Bingen may cancel thm backup Cont sct at any ime end Buyers Gecced wal be retuned. ? O [ Selber wit Neve the fight to continua to show tne Property and scick and erter into bona fide beck-uo purchase 2 corkraccs wth tied pardes thet are autyact to the tecminacion of os primey Contract. Loon ere rio a backup Pe) Corrrax, Sever wl gio Buyers copy of the teak contract wats oe third partes’ idenrofication and pulcma pio 2 infec tmation obliterated, To Continue with thas primary Contract, Buyer must make an addibors depos cf $ es) within 72 hours from receict of tne back-up conmact By oMng Ihe accitionsd deposit to Esorow Agect witin the T2 Row a pened Buyer wanes oll contingencies tor fitanang and sale of Buyers property and the parties WA cians on Conrg Data 27 Tha soctlonal Gepost Wit be or acted to dhuyer Coming. K Buyer teks to timely make the additions dapomt, (98 primary 2 Contract wil larminate end Baryers dapat wii be refunded = x ). x ) CL Broder . Persone! inte reat in Proce ty: ———————_~—___--__._ hae an active o 30 inactive Feat wutate Kounte and hes a persone! intareat in tho property fapecity fiicermea a rolatedto 2 party, @ acting aa Buyer 31° of Seller, atc.) ee = = Xx ) A Reertade: (onecK whucrever mpOluos ) as LEN) Roy Agreement: i Buyer concen the Ploparty before chasing Buyer wil econ Me Property In ha Rel cag SONGKION on ine Gabe of occupancy, feveing Beller of ary adctione: (opm Oo Vestmert obagations, snd = x mraintain the Progerty and aagume all fk of loae to nt fom the dete of socUpancy Efectne on the Gata of ocoupency, Tue % Sloume repiaces Par ary ach 9 of the Contract. Buyei and Seller wil eon and delhw 3 writen leame containing mutusty 3? Ag emade NTE CONCANNg Buyer's precicsing ancupancy of the Property and prepared a Iuryers a cere 38°) 2) Powt-Cemamaney Agree meet: board Zetler wi magn and chelker @ wetter lem, COntEnIng Mutya ceedio e:] tortras concernung Salers occupancy of the Property afte: Crosing Date end prepared at Baliers x perso. a0" CG & Exiating Tenant: The Property ls curterty Used os a fect property and Buyer's rons wil be sutyect to Drage oF ay sting Lenarts, Sadler with within Cas Irom Ethectws Date and a Sellars oxpearea, Geller to Buyer cuUIer COOes pea 10... through Ceownber 31, 18. 4a SCUrE! expense off ; on and ay sarmerty wt ied partes Hut wil recrein ia athect efter olasing, Buyer may tarmunete the Cantract Dy wetter natos to Seley within ___ clays fram Eftectve Qese {tne statements diffe: materiaiy from Sellere representations. 1 oe Barper fail 46 promce tinety wae ec notes, Buyer wl bo Geernead to wedra them COMUMQancy, Seller wGi sauign jem aod 4 Tontad age mements, ard tranefer depcaie and sdvence forts, to Bayes af clcaung. 4 CX (NS, Se of Burger's Property: Te Contract i» contingart on the cleing co Buyers property 50° ee Bayer’s property 3 Some nx crane by a yet may, within 3 Oeys, carced his Contact art recome a rvfurd of 1 Gepca OF ramowe ‘Tig Conhagency and all Ainencsg contingenaas and continue mth the Contract cw =" (td) - 1. atoning: Buyer wil keve Unt “a to obtain the follow ae LA? : : a4 t re STOWE for Ihe Property torn sperocriate gowernmnert agency: Zonag ter ee ot tre Property a bar Seiler wid agro forte SS required by The governrert agency. Buyer wil pby a) Coats ameccigad wth Ow rez FOICKON and or ine 7 for TAZORTG :& not Shbened Than Contra wil terminate arc! Buyer's Gepoae wal ton renunoed, omnae 57 ERPS TG) u. Anabonmart: lat cram that Bape my maton the Contract ocaoeaaite Passe So Buyer wet camen 3 Copy of the migrant 10 Zeltar ord ail SY wis not Ge oleae ed vom cha Sdy 10 parte rae Contract or Ber Sy oy Promorty Di A “ . Ty Diectoours Statement: The cer § cortrgen on Seller comet garg and 3° mare Pw on (oe! Proderty Geclosure st arnant winin ) cays fom Etectee Oats Tone strtwrert ecoaa ay > peteienl TOON ROOK Une Procarty that = Unotce tates 19 Busyen, Bayer Mary cance Is Contract by wetter satice [0 Sather wenn J ary Tom recall of altars wr Then ottament fo. * -— fn\ 266 0779 Dec O05 00 12:44p Sygar McCauley s61 May 2, 2000 Sims/Bardach contract Dear Craig and Mr and Ms Bardach, Regarding the contract for sale and purchase of 6017 Old Ocean Blvd; Buyers (Sims) were unable to obtain financing of 75% of purchase price as:stipulated in paragraph #3 of contract. The buyers hereby respectfully withdraw from said contract (see Statement of Credit Denial) and request release of escrow money from Castles by the Sea escrow account. Mr and Ms Sims are extremely disappointed, but hope that financing will become available within the next several months when they are better established in the United States and thank you for your patiepis in this matter. ¢ Kindest regard Sugar Savin oan Signatures: M/M Sims SS Re MIM Bardach ues, a BA TTVE Orem pany PIV OOMIAPLAIN WintiamM MLANIKAS ATTORNEY AT LAW 639 East OCEAN AVENUE SurrEe 307 (561) 737-7111 BOYNTON BEACH, FLoRIDa 33435 May 8, 2000 PAX (561) 737-5351 Stephanie McCauley and Craig Baskin Castles by the Sea Real Estate, Inc. 612 East Adantic Avenue Delray Beach, Florida 33483 Re: Bardach sale to Sims 6017 Old Ocean Boulevard Dear Ms. McCauley and Mr. Baskin: Trepresent Jacqueline Bardach, and she has consulted me regarding the pending contract for the sale of her Ocean Ridge property to Mr. and Mrs. Stephen Sims. I have a copy of Ms. McCauley’s May 2, 2000, note to my client, requesting her release of the contract deposit. I believe cancellation of the contract and any request for release of the escrow deposit may be premature, My clients tell me they are working with a mortgage broker in Boca Raton who reports that he has a lender prepared to fund a mortgage for the Sims’ purchase of the Bardach property. The mortgage broker is Webb Mortgage Corp., and the contact person is Byron J. Webb, the president. The address is 155 North East Spanish River Boulevard, Boca Raton, Florida 33431. Telephone number is (561) 392-9696. According to my client, the lender that Webb has identified will lend 60% of the purchase price, and Mrs. Bardach is in the position to take back a second mortgage for the remaining 15%. I understand from my clients that Mr. Webb is in possession of all of the information which Mr. and Mrs. Bardach have regarding Sims’ personal and financial situation. It appears that the next step for Mr. and Mrs. Sims will be to contact Mr. Webb regarding a prospective mortgage. Please contact me if you have any questions, Because it does not appear to me that Mr. Sims is represented by counsel, I am also forwarding him this information by providing bim with a copy of this letter. However, because of your positions in this transaction gents of the brokerage firm, my client expects you to make every effort to provide Mr, and Mrs. Sims with MYRON S. DUNAY, PA. ATTORNEY AMO COUNSELOR AT Law MYRON S. DUNAY 616 €. ATLANTIC AVENUE OELRAY BEACH, FLORIDA 33483 (361) 276-7424 TELEFAX: (561) 278-6900 EMAIL: dalraytaw @juno.com May 18, 2000 BY HAND DELIVERY Stephanie McCauley and Craig Baskin Castles By The Sea Real Estate, Inc. RE: BARDACH SALE TO SIMS 6017 OLD OCEAN BOULEVARD OCEAN RIDGE, FLORIDA 33435 “Dear Ms. McCauley and Mr. Baskin: On or about May 8th, 2000 you received a letter from Attorney William Manikas who was then representing Jacqueline Bardach. This is to advise that I have been retained to represent Mrs. Bardach with regard to the referenced matter. The letter sent by Mr. Manikas was apparently ignored. Therefore, this is to advise my client is exercising her right under the Purchase And Sale Agreement between her and the Sims dated March 26, 2000 to declare a default on their part for failure to exercise diligence in obtaining the financing called for under the contract, Pursuant to paragraph 15 of the contract demand is made for all deposits paid as liquidated damages totalling: $30,000.00. Please advise Mr. and Mrs. Sims of this demand. on behalf of Mrs. Bardach I am offering to resolve any dispute concerning the deposit through mediation. Should this attempt fail we would ask you to submit the dispute either to mediation, or to interplead the funds with the local circuit court, Cordially, MYRON S. DU AU, UN cc: Mrs. Jacqueline Bardach : a MYRON S. DUNAY, P.A ATTORNEY ANO COUNSELOR AT LAW ———— gee MYRON S. OUNAY 616 E. ATLANTIC AVENUE DELRAY BEACH. FLORIDA 33463 (S61) 276-7424 TELEFAX: (361) 278-6909 CERTIFIED The Florida Bar ried 15 URC IO EMAIL: delrayadvocatediuno.com July 20, 2000 David Rhoden, Broker of Record, CASTLES BY THE SEA REAL ESTATE, INC. 612 E. Atlantic Avenue Delray Beach, FL 33483 RE: BARDACH SALE TO SIMS 6017 OLD OCEAN BOULEVARD OCEAN RIDGE, FLORIDA 33435 Dear Mr. Rhoden: . On May 18, 2000 I wrote and hand delivered to your office a letter regarding the above-referenced residential sale and purchase contract. To date I have heard nothing from your office except for a telephone call from someone in your administrative office late in May. Since your office served as escrow agent as well as broker you are authorized and required to submit this dispute between the buyer and seller to your choice of arbitration, a Florida Court, or the Florida Real Estate Commission to resolve the dispute. Thus far you have not done so, although several months have elapsed. Your failure to act at this stage without any explanation appears to be a willful breach of the contract if not gross negligence. Should you not proceed according to your responsibilities as escrow agent within the next fifteen (15) days I have been directed proceed with an action for damages because of the default of the buyer and the escrow agent's actions or inactions as described above. Very truly, att P sR. /UL oo By: & 7 M.S. DUNAY | y MSD/ay . ae Enc: Letter of May 18, 2000 POSSESS town oe coup nur ce: Jacqueline Bardach re Qo SiMNE Dey ~yul SIT = lO a ]

Docket for Case No: 03-000911PL

Issue Date	Proceedings
Oct. 20, 2003	Respondent`s Motion to Produce filed.
Aug. 18, 2003	Order Closing File. CASE CLOSED.
Aug. 07, 2003	Petitioner`s Request to Relinquish Jurisdiction (filed via facsimile).
Jul. 10, 2003	Order Denying Motion for Summary Final Order and Motion to Relinquish Jurisdiction. (Respondent shall server a response to Petitioner`s first request for admissions on or before July 28, 2003)
Jul. 10, 2003	Petitioner`s Reply to Respondent`s Response to Motion for Summary Final Order and Motion to Relinquish Jurisdiction (filed via facsimile).
Jul. 09, 2003	Respondent`s Response to Motion for Summary Final Order and Motion to Relinquish Jurisdiction (filed via facsimile).
Jul. 02, 2003	Order Granting Continuance (parties to advise status by July 31, 2003).
Jul. 01, 2003	Motion for Summary Final Order and Motion to Relinquish Jurisdiction (filed by Petitioner via facsimile).
Jun. 23, 2003	Motion for Continuance (filed by Respondent via facsimile).
May 13, 2003	Order Granting Continuance and Re-scheduling Hearing issued (hearing set for July 9, 2003; 9:30 a.m.; Boca Raton, FL).
Apr. 23, 2003	Motion for Continuance (filed by Respondent via facsimile).
Apr. 03, 2003	Petitioner`s Notice of Service of Petitioner`s First Request for Admissions to Respondent David L. Rhoten II (filed via facsimile).
Apr. 03, 2003	Petitioner`s Notice of Service of Petitioner`s First Request for Production to Respondent David L. Rhoten II (filed via facsimile).
Apr. 03, 2003	Petitioner`s Notice of Service of Petitioner`s First Interrogatories to Respondent David L. Rhoten II (filed via facsimile).
Apr. 02, 2003	Order Granting Continuance and Re-scheduling Hearing issued (hearing set for May 14, 2003; 9:30 a.m.; Boca Raton, FL).
Apr. 01, 2003	Motion to Re-Schedule Formal Hearing (filed by Petitioner via facsimile).
Mar. 28, 2003	Joint Response to Initial Order (filed by Petitioner via facsimile).
Mar. 27, 2003	Order of Pre-hearing Instructions issued.
Mar. 27, 2003	Notice of Hearing issued (hearing set for May 22, 2003; 9:30 a.m.; Boca Raton, FL).
Mar. 17, 2003	Administrative Complaint filed.
Mar. 17, 2003	Response to Administrative Complaint filed.
Mar. 17, 2003	Agency referral filed.
Mar. 17, 2003	Initial Order issued.